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‘30s star Gracie Fields endured pressure to look glamorous, ‘had all her teeth pulled out,’ book claims

12 hours ago NAMEX Comments Off on ‘30s star Gracie Fields endured pressure to look glamorous, ‘had all her teeth pulled out,’ book claims
Gracie Fields wasn’t prepared for the drastic makeover she would have to endure when she arrived in New York City aboard the Queen Mary in 1937. Sebastian Lassandro, who wrote her biography, said the actress was immediately turned into a platinum blonde as soon as she got off the boat. But the transformation didn’t stop Read More

Electronic Swiss franc? Not so fast, government says

1 day ago NAMEX Comments Off on Electronic Swiss franc? Not so fast, government says
ZURICH (Reuters) – The Swiss government took a downbeat view of creating a central bank digital currency for public use, saying it could do more harm than good and destabilize the financial system. FILE PHOTO: Swiss 100 franc bank notes are withdrawn from an ATM in the northern Swiss town of Kreuzlingen in this picture Read More

Facebook, privacy activist Schrems battle nears end on Dec. 19

1 day ago NAMEX Comments Off on Facebook, privacy activist Schrems battle nears end on Dec. 19
BRUSSELS (Reuters) – Austrian privacy activist Max Schrems’ seven-year battle against Facebook reaches a crucial point on Dec. 17 when an adviser to Europe’s top court will issue his view on whether tools used by companies to transfer data abroad are legal or not. FILE PHOTO: Facebook logos are seen on a screen in this Read More

GLOBAL MARKETS-Shares and sterling leap on trade and Brexit boosts

1 day ago NAMEX Comments Off on GLOBAL MARKETS-Shares and sterling leap on trade and Brexit boosts
LONDON (Reuters) – Stock markets and sterling gained on Friday as U.S.-China trade hopes and an election win for Britain’s Brexit-backing Conservative Party cleared two of the clouds on the global investment horizon. The relief undercut safe-haven sovereign bonds and the Japanese yen and led markets to scale back expectations of more interest rates cuts Read More

UPDATE 3-SoftBank-backed OneConnect sees valuation tumble in U.S. IPO

1 day ago NAMEX Comments Off on UPDATE 3-SoftBank-backed OneConnect sees valuation tumble in U.S. IPO
NEW YORK/SYDNEY (Reuters) – Ping An Insurance Co’s (2318.HK) OneConnect Financial Technology (OCFT.K) said on Thursday it raised around $312 million in its U.S. initial public offering, valuing the company at around $3.7 billion. OneConnect sold 31.2 million American depositary shares (ADS) at $10 each. Earlier this month, it had aimed to sell 36 million Read More

‘Out of market today’: Australia brandishes 4 words crucial to case against Citi, Deutsche

2 days ago NAMEX Comments Off on ‘Out of market today’: Australia brandishes 4 words crucial to case against Citi, Deutsche
SYDNEY (Reuters) – A four-word handwritten note by a JPMorgan Chase & Co (JPM.N) banker has been seized by Australian prosecutors as fundamental to a criminal cartel prosecution against Citigroup Inc (C.N) and Deutsche Bank AG (DBKGn.DE), a court heard on Friday. FILE PHOTO: The logo of Dow Jones Industrial Average stock market index listed Read More

UPDATE 1-SoftBank-backed OneConnect set to raise $312 mln in U.S. IPO – source

2 days ago NAMEX Comments Off on UPDATE 1-SoftBank-backed OneConnect set to raise $312 mln in U.S. IPO – source
NEW YORK/SYDNEY (Reuters) – Ping An Insurance Co’s (2318.HK) OneConnect Financial Technology (OCFT.K) is set to raise around $312 million in its U.S. initial public offering on Thursday, according to two people familiar with the matter. OneConnect is selling around 31.2 million American depositary shares (ADS) at $10 each. Earlier this month, it had aimed Read More

UPDATE 2-Citi, Credit Suisse drop China’s Ucommune U.S. IPO over valuation -sources

2 days ago NAMEX Comments Off on UPDATE 2-Citi, Credit Suisse drop China’s Ucommune U.S. IPO over valuation -sources
SYDNEY/HONG KONG (Reuters) – Citigroup Inc (C.N) and Credit Suisse Group AG (CSGN.S) have dropped out of the U.S. initial public offering of Chinese shared workspace provider Ucommune, baulking at its desired valuation, two people with direct knowledge of the matter said. FILE PHOTO: A room is seen at UCommune coworking space in Shanghai, China Read More

Pipestone Energy Corp. Announces a $225 Million Syndicated Reserve Based Loan and Achievement of 2019 Exit Production Guidance

2 days ago NAMEX Comments Off on Pipestone Energy Corp. Announces a $225 Million Syndicated Reserve Based Loan and Achievement of 2019 Exit Production Guidance
PDF available:http://ml.globenewswire.com/Resource/Download/a2bbf226-5d22-4184-9364-0662e75026f1 CALGARY, Alberta, Dec. 12, 2019 (GLOBE NEWSWIRE) — (PIPE – TSX-V) Pipestone Energy Corp. (“Pipestone Energy” or the “Company”) is pleased to announce that it has successfully re-financed its existing credit facilities with a $225 million Reserve Based Loan (“RBL”), which provides meaningful financial flexibility going forward. Additionally, the Company achieved its previously Read More

New Zealand mission to recover bodies from ‘highly volatile’ volcano island gets underway

2 days ago NAMEX Comments Off on New Zealand mission to recover bodies from ‘highly volatile’ volcano island gets underway
A daring mission to retrieve the bodies of eight victims of the New Zealand volcano eruption got underway early Friday, even though scientists said they believe there is a risk for another eruption. New Zealand police said the recovery mission will involve a team of eight military specialists as part of the “high-speed recovery” of the bodies, which Read More